10 Oct 2026 · TrustList Editorial
Only 26 of 84 funding announcements named a single customer
Our count of 84 October items finds 73 named a lead investor, 63 a stage and 6 a company-stated valuation, while none of the 48 customer or…
3 of 19 venture capital firms ranked on evidence in the Q4 2026 edition.
Between them, the 19 venture capital firms on this page cover seed stage (4), growth stage (3), partners (3) and energy (3). They also list work in Nairobi, Africa, London and New York City. 19 of them have written a profile you can read before you get in touch.
TrustList ranking
Q4 2026 edition
3 of 19 venture capital firms ranked on evidence held on 9 October 2026: client reviews, vetting, awards and facts each business states on its own website, which we read and date. Nobody pays to be placed.
Positions are fixed for the quarter; the next edition is due in January 2027.

Also in Paris and London
Helios Investment Partners is a private investment firm that puts capital only into Africa.
Why #1: Founded 2004, as stated on its own website, read 5 Oct 2026
Not yet on record: client reviews, vetting.

Energy · Partners · Also in Nigeria
Argentil Capital Partners is part of the Argentil Group, a financial services platform focused on Africa.
Why #2 (shared): In business 15+ years, as stated on its own website, read 5 Oct 2026
Not yet on record: client reviews, vetting.

Growth Stage · FinTech · Energy · Also in Amsterdam and Kenya, Nigeria
Goodwell Investments is an impact investor built on the idea of doing well by doing good.
Why #2 (shared): In business 15+ years, as stated on its own website, read 5 Oct 2026
Not yet on record: client reviews, vetting.

Seed Stage · Environmental
Alitheia Capital is a private equity fund manager and advisory firm.

ARM, short for Asset & Resource Management Holding Company, is a Nigerian financial group.

Energy · Also in Malé
Aruwa Capital Management is a growth equity and impact investment company based in Lagos.

Seed Stage · Partners · Also in New York City
Venture firm and startup studio funding pre-seed and early-stage technology ventures and helping them raise further capital

Also in Nairobi
Chui Ventures is an investment company that backs African startups at an early stage.

Seed Stage · Growth Stage · Also in Ikoyi and Africa
Consonance Investment Managers is an investment company that puts money into early and growth-stage businesses in Africa.

Partners · Internet · Also in Middle East and Africa
Convergence Partners is an investment firm that specialises in information and communications technology in Africa. It says it looks for both financial and social returns.

Seed Stage · Also in Africa
Fedha Capital is a venture capital firm based in Nigeria that does not limit itself to one sector.

Future Africa is a venture capital firm investing in businesses across Africa's digital economy, run by a team it describes as entrepreneurs, investors and operators.

Growth Stage · Also in Africa and Nairobi
Kepple Africa Ventures is a venture capital firm rooted in Kenya and Nigeria.

FinTech · Logistics · Environmental · Also in Washington and New York City
Norrsken 22 is a tech growth fund that invests in African entrepreneurs.

Also in Africa
Octerra Capital is an investment firm that mixes several asset types, with roots in Africa and a worldwide outlook.

Oui Capital is a venture firm that wants to be among the first investors to say yes to founders starting a company.

Logistics · Also in Mexico City
Platform Capital describes itself as an investment company rooted in Africa with a global outlook.

Also in London and Nairobi
TLcom Capital LLP is a venture capital firm that invests in technology companies across Africa, backing founders from seed through to later growth stages.

Internet · Education · Also in Mumbai and Riyadh
Travel Capitalist Ventures is an investor that puts money only into travel businesses.
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